If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.

I just wish we knew exactly wat was going on cause this is all confusing. When do we give up and move on? Do we keep fighting to just be hurt in the end? There have been alot of names thrown out saying they want to keep the team here but no stories about it. All we hear is about ppl who want to buy the Kings and move them to Seattle. Didnt Webber n Barkley want to be part owners as well?

When are we going to hear rumors of Kings buyers' offers? Are they negotiation right now? Is that going to take time?

I don't want to hear rumors of that OTHER possibility.

Stern stated again yesterday that he was for having the Kings get a chance to match the deal, and that they'd be meeting soon with Johnson's group to hear his case. He also said that no finished deal has taken place in Seattle. Said he has talked to the Seattle group, but if there ever was a deal made that he would be the first to know which hasn't happened. Said he hasn't received any updates on their situation either.

I'm sure we will hear formally on KJ's buyer group when everything is set. The time is short so I'd imagine the full plan is still being worked on so nobody knows the details as nothing is set in stone quite yet. I heard that Burkle who wasn't part of the buyer group, has potentially come back onboard as he has interest in building a downtown plaza. The rumor (which I think was verified) was he had talked to both the 24 hour guy, and the owners of the downtown plaza in regards to the situation with a strong interest in that possibility. I think the heavy buyers want to make the downtown the build site for the new arena. KJ said he is fine with that as long as Sacramento doesn't need to fund any more than what they would for the rail arena site.

I'd give it at least another week before we know a lot more of the major players in the deal. Again...pulling this all together in a couple days is unrealistic so the more time that we aren't hearing anything its probably good. I guarantee they won't appear before the board of governors without a full plan set. KJ got a lot done in a brief period the last time he appeared before the governors to make a strong case. KJ also skipped out today on a meeting of mayors in order to keep working on the counter offer.

I just wish we knew exactly wat was going on cause this is all confusing. When do we give up and move on? Do we keep fighting to just be hurt in the end? There have been alot of names thrown out saying they want to keep the team here but no stories about it. All we hear is about ppl who want to buy the Kings and move them to Seattle. Didnt Webber n Barkley want to be part owners as well?

Webber had a group interested before, but I doubt that group has the resources to match anywhere near what Seattle is offering. Webber's finances by himself would only secure a very very small piece of the pie so I doubt he is interested.

As far as when Sacramento moves on....its after the board of governors meetings. If the governors agree, the Maloofs will be forced to sell local. If they don't agree then its done and the team is gone. That will take place within a week or two. Until that time there won't be much to report as formal plans and the buyer group won't be set. They've only had less than a week to start forming together so that is not time to make a structure plan that will cost nearly a billion dollars when you factor in team cost and arena cost. All we know for right now is Seattle has not completed a deal, and that Sacramento hasn't completed its plans for the counter offer. I don't believe that the investors really want to be named quite yet until everything is known and ready to go in case anything happens.

I forgot if someone already stated it here, but there was a report a day ago in USAToday that the Henson group from Seattle contacted the Bobcats ownership group to see about the availability of the team. If true....that would mean they have serious doubt about the likelihood of the Sacramento group and they may of ran into a few roadblocks in negotiation.